EPZA modifies percentage rate in 2011
The Export Processing Zones Authority (EPZA) has modified the percentage rate of 2011 over 2010.
According to the officials, the current situation of export is 4,124.491 in Rupees and 48.799 in US dollars with the 5 % of change in Rupees and 4% in US Dollars in 2011 over 2010; however in last year the situation of export was of 3,923.039 in Rupees and 46.786 in dollars.
Sources further told, in 2011 the presumptive tax rate enhances to 41.245 Rupees and 0.488 dollar with the change of 5 to 4 percent in rupees and dollars, while in 2010 the rate were of Rs39.230 and 0.468 US Dollars.
The capital investment was of rupees 436.020 and 5.200 US Dollars, however it modified as 993.110 RS and 11.750 US Dollars with the change of 128 % in Rupees and 126% in Us Dollars in the year 2011 over 2010, Officials added.